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Eurozone inflation down to 10% in November

Eurozone inflation down to 10% in November
Energy prices up by 34.9% in November, down from 41.5% in October

By Gokhan Ergocun

ISTANBUL (AA) - The annual inflation rate stood at 10% in the eurozone this month, down from 10.6% in October, Eurostat said on Wednesday.

According to Eurostat's flash estimate, energy is among the main contributors to the annual inflation rate with 34.9%, down from 41.5% in October.

Food, alcohol, and tobacco followed energy with 13.6%, non-energy industrial goods with 6.1%, and services with 4.2%.

Among euro area countries, the highest annual rates were posted by Latvia (21.7%), Lithuania and Estonia (both 21.4%), while the lowest rates were seen in Spain (6.6%), France (7.1%), and Malta (7.2%).

source: News Feed
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